MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0037216
Modulex Modular Buildings Private Limited - infrastructure and utilities in Indapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹59.12 Lakh
▲ 12506775% YoY
Net loss · FY 2023
₹8.34 Cr
Latest filing
EBITDA · FY 2023
-₹5.99 Cr
Latest filing
Authorised capital
₹82.5 Cr
Registered with MCA
Paid-up capital
₹72.43 Cr
Issued & subscribed
Satisfied charges
₹64 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
8
As per MCA filings
About Modulex Modular Buildings Private Limited
Data last updated:
Modulex Modular Buildings Private Limited is a private limited company based in Indapur, Maharashtra, India, a subsidiary of Modulex Construction Technologies Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25999PN2008PTC217684. Its GSTIN is 27AAECR2173E2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹82.5 Cr and a paid-up capital of ₹72.43 Cr. It was formerly known as Terrapin Modular Buildings Private Limited and Red Ribbon Britspace Modular Buildings Private Limited. It is led by directors including Ajay Shridhar Palekar (Managing Director) and Jayesh Narendra Sheth.
Its last annual general meeting (AGM) was held on 18 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 82 MIDC Industrial Estate, Indapur, Maharashtra, India – 413132.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.12 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.34 Cr and EBITDA of -₹5.99 Cr. Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 341% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹64 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Modulex Modular Buildings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0037216). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modulex.in.
Company details
CIN U25999PN2008PTC217684
Registration Number 217684
Incorporation Date 23 September 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Modulex Construction Technologies Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0037216
Name history
Modulex Modular Buildings has undergone 2 name changes throughout its history. The company was previously known as Terrapin Modular Buildings Private Limited, and Red Ribbon Britspace Modular Buildings Private Limited. The current legal name is Modulex Modular Buildings Private Limited.
| Company Name | Status |
|---|---|
| Modulex Modular Buildings Private Limited | Current |
| Terrapin Modular Buildings Private Limited | Previous |
| Red Ribbon Britspace Modular Buildings Private Limited | Previous |
CIN history
Modulex Modular Buildings has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25999PN2008PTC217684, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25999PN2008PTC217684 | Current |
| U45400PN2008PTC217684 | Previous |
| U45400KL2008PTC029096 | Previous |
| U45400MH2008PTC187002 | Previous |
Key People
Ajay Shridhar Palekar Managing Director Jayesh Narendra Sheth Director Raj Kumar Sharma Director Recognitions & Rankings of Modulex Modular Buildings
Contact details
Modulex Modular Buildings Private Limited's registered office is in Indapur, Maharashtra. Its website is modulex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 82 MIDC Industrial Estate, Indapur, Maharashtra, India – 413132
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Modulex Modular Buildings Private Limited, buy the company report.
Comprehensive company report
Modulex Modular Buildings Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Modulex Modular Buildings Private Limited
FY 2025 filings availableModulex Modular Buildings Private Limited reported revenue of ₹59.12 Lakh (up 12506775% YoY) for FY 2023.
Revenue · FY 2023
₹59.12 Lakh ▲ 12506775%
Net loss · FY 2023
₹8.34 Cr
EBITDA · FY 2023
-₹5.99 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 6%
5 years · compounded
▲ 341%
Revenue has grown at a compounded annual rate (CAGR) of 341% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Modulex Modular Buildings Private Limited, buy the company report.
Board of directors of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Narendra Sheth Also directs: Modulex Construction Technologies Limited, Give Vinduet Windows and Doors Private Limited, Advenza Global Limited and 1 more | Director | 25 Jul 2024 | 2 Years 2 Months | Current |
| Raj Kumar Sharma | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Sudha Hemant Prajapati | Additional Director | 13 Nov 2025 | 0 Years 11 Months | Current |
| Suchit Punnose | Director | 14 Jul 2009 | 17 Years 3 Months | Current |
| Ajay Shridhar Palekar Also directs: Modulex Construction Technologies Limited | Managing Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Aditya Vikram Kanoria | Director | 02 Feb 2023 | 3 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Modulex Modular Buildings Private Limited is audited by RMJ and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ and Associates LLP | FY 2023 | 0W00281 |
Shareholding
The shareholding of Modulex Modular Buildings Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modulex Modular Buildings Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2013 | 10474711 | Vijaya Bank | ₹64 Cr | Satisfied |
To see the full charge records of Modulex Modular Buildings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Modulex Modular Buildings Private Limited has 1 court case on record: 1 filed by Modulex Modular Buildings. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Maharashtra Industrial Development Corporation Through Chief Executive Officer and 1 other | Disposed |
To see the full case history of Modulex Modular Buildings Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modulex Modular Buildings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Modulex Modular Buildings has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Redribbon Advisory Services Private Limited | U74140KL2010PTC026154 |
To see the full group structure of Modulex Modular Buildings Private Limited, buy the company report.
GST
Modulex Modular Buildings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR2173E2ZI | Maharashtra | Active | 23 Feb 2018 |
To see the full GST registrations and return filing status of Modulex Modular Buildings Private Limited, buy the company report.
Recent activity
Modulex Modular Buildings Private Limited has 21 board changes on record since 2009: 8 appointments and 13 cessations. The latest: Sudha Hemant Prajapati was appointed as Additional Director on 13 Nov 2025.
Appointed
Sudha Hemant Prajapati was appointed as Additional Director.
AGM
Modulex Modular Buildings Private Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records.
Ceased
Muckatira Nanaya Devaya ceased to be Additional Director.
Ceased
Parag Vinod Mehta ceased to be Additional Director.
Appointed
Muckatira Nanaya Devaya was appointed as Director.
Appointed
Parag Vinod Mehta was appointed as Director.
Filing
Modulex Modular Buildings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Punnose Punnose ceased to be Director.
Ceased
Jayesh Narendra Sheth ceased to be Additional Director.
Appointed
Jayesh Narendra Sheth was appointed as Director.
Ceased
Aditya Vikram Kanoria ceased to be Additional Director.
Ceased
Rakhee Amit Agarwal ceased to be Additional Director.
14 earlier events are in the company report.
News
Frequently asked questions
Modulex Modular Buildings is an active private limited company based in Indapur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 September 2008 (18+ years old) and is registered under CIN U25999PN2008PTC217684.
Modulex Modular Buildings has 8 current directors:
- Ajay Shridhar Palekar - Managing Director
- Jayesh Narendra Sheth - Director
- Raj Kumar Sharma - Director
- Sudha Hemant Prajapati - Additional Director
- Suchit Punnose - Director
- Aditya Vikram Kanoria - Director
- Parag Vinod Mehta - Director
- Muckatira Nanaya Devaya - Director
The latest financial statements of Modulex Modular Buildings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modulex Modular Buildings is 27AAECR2173E2ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modulex Modular Buildings is U25999PN2008PTC217684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modulex Modular Buildings has 1 court case on record: 1 filed by the company.
Modulex Modular Buildings was incorporated on 23 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Sudha Hemant Prajapati was appointed as Additional Director on 13 Nov 2025. Muckatira Nanaya Devaya ceased to be Additional Director on 17 Jul 2025. Parag Vinod Mehta ceased to be Additional Director on 17 Jul 2025. Modulex Modular Buildings has 21 board changes on record in total.
Yes, Modulex Modular Buildings is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0037216).
Modulex Modular Buildings can be reached through the website modulex.in. Its registered office is in Indapur, Maharashtra, India.